Aboitiz Equity Ventures Inc. (AEV), the investment arm of the Aboitiz Group, and Coca-Cola Europacific Partners Plc (CCEP), have entered into a definitive agreement to jointly acquire Coca-Cola Beverages Philippines Inc. (CCBPI) from The Coca-Cola Company (TCCC) for $1.8 billion. In a disclosure to...
As Filipinos, we have always been certified food lovers, enjoying meals that create memorable moments together with our family, friends, and loved ones. Whether it's a festive celebration or a simple gathering, one thing that often accompanies our delectable feasts is the refreshing taste of...
Softdrinks, food and beverage manufacturers are in need of 450,000 metric tons of premium refined sugar for the remainder of this year to be able to run their factories at full capacity while they implement various measures to cushion the impact of the sugar shortage in their business. According to...
Retail stores and carinderias (eateries) are now experiencing shortage in beverage and softdrinks supply while wholesalers have advised them of no deliveries in three months or longer. In a statement, the Philippine Association of Stores and Carinderia Owners (PASCO) said they have been...
Major cola and beverage drinks producers in the country confirmed shortage in supply of refined premium sugar, a key raw ingredient in their products, while the Philippine Chamber of Commerce and Industry (PCCI) warned that its member food processors are slowing down production because their sugar...
Coca-Cola Beverages Philippines, Inc. (CCBPI), the bottling arm of Coca-Cola in the country, has ramped up installation of solar panels in its manufacturing sites. Coca-Cola Bacolod Plant - Completed in February 2021, the installation of close to 3,000 solar panels at Coca-Cola's Bacolod...
Philippine National Bank, one of the country’s major banks, is ranked as the best company for professionals to growth their careers, according to the Linkedin’s 2021 Philippines Top Companies List. LinkedIn, the online professional network, published its list of the 2021 LinkedIn Top...
The Philippines’ Board of Investments (BOI) has approved and granted pioneer status to the P2.28 billion PETValue Philippines, set to be the country’s first bottle-to-bottle, food-grade recycling facility. The multi-phased project is a partnership between Coca-Cola Beverages Philippines,...
Coca-Cola Beverages Philippines, Inc. (CCBPI)—the bottling arm of Coca-Cola in the country—has expanded its Balik Pinas program to national scale to reach more repatriated overseas Filipino workers (OFWs) and help them start their own business at home. Gareth McGeown, CCBPI President and CEO....
